The thought occurred to me.... the chances of bitcoin becoming a successful economy (to what scale unknown) are significantly better than winning the UK national lottery (14 million to 1) yet people pour GBP every week into that!

Pour some GBP into bitcoin and stand a much better chance of a "win"..... theres a good argument that explains to the masses why they should buy a few BTC....

Discuss just for fun :-)

PS: hi, just discovered BTC a month or so ago and find it very interesting if only as a medium to invite interesting discussion on economics!

Right.But people don't attend the lottery to win $700 they are buying tickets cause they want the 14 million.Comparing a lottery to Bitcoin isn't really a legit comparison.

If you buy one lottery ticket of $15 and also buy $15 worthy of bitcoin you cannot never ever get 14 million out of those $15 by just investing.This would mean a Bitcoin should be about 14 million dollars a piece (based on current exchange rate).

How ever, you can win that 14 million dollars with one lottery ticket you just bought.